posted on
Oct 05, 2019 03:48PM
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Message: CASH
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tada - Thank you! I do see the VWAP on Stockhouse but unless I am missing another spot, that is just the Friday VWAP which is the same I as I found on TMX. It is the 5-day VWAP that I don't know where to find. As we know, the volume was very heavily weighted to Monday at a lower price. The CAD VWAP shown there converts to the USD VWAP within a cent or so.
As per your question, I might assume they use the TSX VWAP but I never seen anywhere in the agreement stating what would be used. I didn't read the whole thing so it might be in there. You would think that they have agreed on some specific source.
As to your Comment, an addendum would be that Jan.27 is first trading of converted shares not only according to TSX rules but it was also stated in the Debenture agreement.
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